Council of Europe (CoE) - European Human Rights Court - founding fathers (1949)

Council of Europe (CoE) - European Human Rights Court - founding fathers (1949)
French National Assembly head Edouard Herriot and British Foreign minister Ernest Bevin surrounded by Italian, Luxembourg and other delegates at the first meeting of Council of Europe's Consultative Assembly in Strasbourg, August 1949 (AFP Photo)

EU founding fathers signed 'blank' Treaty of Rome (1957)

EU founding fathers signed 'blank' Treaty of Rome (1957)
The Treaty of Rome was signed in the Palazzo dei Conservatori, one of the Renaissance palaces that line the Michelangelo-designed Capitoline Square in the Italian capital

Shuttered: EU ditches summit 'family photo'

Shuttered: EU ditches summit 'family photo'
EU leaders pose for a family photo during the European Summit at the EU headquarters in Brussels on June 28, 2016 (AFP Photo/JOHN THYS)

Merkel says fall of Wall proves 'dreams can come true'

“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013. They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."
"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)
(Subjects: Who/What is Kryon ?, Egypt Uprising, Iran/Persia Uprising, Peace in Middle East without Israel actively involved, Muhammad, "Conceptual" Youth Revolution, "Conceptual" Managed Business, Internet, Social Media, News Media, Google, Bankers, Global Unity,..... etc.)

"The Recalibration of Awareness – Apr 20/21, 2012 (Kryon channeled by Lee Carroll) (Subjects: Old Energy, Recalibration Lectures, God / Creator, Religions/Spiritual systems (Catholic Church, Priests/Nun’s, Worship, John Paul Pope, Women in the Church otherwise church will go, Current Pope won’t do it), Middle East, Jews, Governments will change (Internet, Media, Democracies, Dictators, North Korea, Nations voted at once), Integrity (Businesses, Tobacco Companies, Bankers/ Financial Institutes, Pharmaceutical company to collapse), Illuminati (Started in Greece, with Shipping, Financial markets, Stock markets, Pharmaceutical money (fund to build Africa, to develop)), Shift of Human Consciousness, (Old) Souls, Women, Masters to/already come back, Global Unity.... etc.) - (Text version)

… The Shift in Human Nature

You're starting to see integrity change. Awareness recalibrates integrity, and the Human Being who would sit there and take advantage of another Human Being in an old energy would never do it in a new energy. The reason? It will become intuitive, so this is a shift in Human Nature as well, for in the past you have assumed that people take advantage of people first and integrity comes later. That's just ordinary Human nature.

In the past, Human nature expressed within governments worked like this: If you were stronger than the other one, you simply conquered them. If you were strong, it was an invitation to conquer. If you were weak, it was an invitation to be conquered. No one even thought about it. It was the way of things. The bigger you could have your armies, the better they would do when you sent them out to conquer. That's not how you think today. Did you notice?

Any country that thinks this way today will not survive, for humanity has discovered that the world goes far better by putting things together instead of tearing them apart. The new energy puts the weak and strong together in ways that make sense and that have integrity. Take a look at what happened to some of the businesses in this great land (USA). Up to 30 years ago, when you started realizing some of them didn't have integrity, you eliminated them. What happened to the tobacco companies when you realized they were knowingly addicting your children? Today, they still sell their products to less-aware countries, but that will also change.

What did you do a few years ago when you realized that your bankers were actually selling you homes that they knew you couldn't pay for later? They were walking away, smiling greedily, not thinking about the heartbreak that was to follow when a life's dream would be lost. Dear American, you are in a recession. However, this is like when you prune a tree and cut back the branches. When the tree grows back, you've got control and the branches will grow bigger and stronger than they were before, without the greed factor. Then, if you don't like the way it grows back, you'll prune it again! I tell you this because awareness is now in control of big money. It's right before your eyes, what you're doing. But fear often rules. …

Monday, October 10, 2016

Economics Nobelist Holmstrom: CEO pay 'just a mess'

Yahoo – AFP,  October 10, 2016

Bengt Holmstrom, the Paul A. Samuelson Professor of Economics at
Massachusetts Institute of Technology, said his research hasn't always
gotten through to those who design pay packages (AFP Photo/Kayana

Washington (AFP) - Bengt Holmstrom, the Finnish economist whose contract theory research earned him a Nobel economics prize Monday, said that executive compensation has gotten out of hand, and contributed to the collapse of Enron Corp.

Holmstrom, who shared the Nobel with fellow economist Oliver Hart, explored the way employment contracts can shape behavior and reach mutually beneficial outcomes for the hirer and hiree.

But he told an audience Monday at the Massachusetts Institute of Technology where he now works, that their research hasn't always gotten through to those who design pay packages.

"I was on the Nokia board for two or three years. And I think executive compensation went from reasonable to absolutely dreadful," he said, pointing to stock and option incentives given management.

Likewise, he said, the collapse of Enron, the high-flying energy company that failed in 2001, related to executives' pay deals, with generous stock options, that did not align their interests with the company's.

"I think the main problem with that scheme was that they were not vested, that executives could cash out very quickly," he said.

He told journalists that executive pay had gotten too complicated. "There's so many pieces of it and it's just a mess... I wish they would listen a little bit more about what we know or understand about executive compensation."

Holmstrom, 67, said he was delighted to receive the Nobel. He and Hart will share the eight million kronor ($924,000) prize.

"I feel dazed.... I am still wondering whether I will wake up or not."

He described himself as "lucky" for having gotten into a research topic just at the time it was garnering broader interest, "for being in the right place at the right time."

But he was not ready to offer a prescription on how pay should be decided, saying it is difficult to fiddle with the power of the market.

"Economics doesn't really have an opinion on the level" of pay, or why CEO pay has soared in recent years, he noted. "It is what it is. It is somehow demand and supply working its magic."

After years of working on theoretical topics, Holmstrom said he was now thinking about real-world issues.

"In the last six years, since the financial crisis, have been intellectually very rewarding."

"I'm back into the mode of really thinking about problems, which you can lie in bed and wake up at night and feel excited about."

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